Zhi Tong Cai Jing·2025-09-19 10:25Core Points - Agricultural Bank of China (ABC) announced the approval of a capital tool and total loss-absorbing capacity non-capital bond plan at the first extraordinary general meeting of shareholders for the year 2025, scheduled for February 21, 2025 [1] - The bank issued the "Agricultural Bank of China Co., Ltd. 2025 Tier 2 Capital Bonds (Phase III)" in the national interbank bond market, following approval from relevant regulatory authorities [1] - The total issuance scale of the bonds is RMB 60 billion, divided into two varieties: a 10-year fixed-rate bond with an issuance scale of RMB 35 billion and a coupon rate of 2.18%, and a 15-year fixed-rate bond with an issuance scale of RMB 25 billion and a coupon rate of 2.50% [1] - The funds raised from this bond issuance will be used to supplement the bank's Tier 2 capital in accordance with applicable laws and regulatory approvals [1]